To earn referrals using the Coinbase app, follow these steps:
1. Sign up for a Coinbase Account: If you haven't already, download the Coinbase app from the App Store or Google Play Store and create an account.
2. Navigate to the Referral Section: Once logged in, go to the "Settings" or "Profile" section of the app. Look for an option related to referrals or invitations. In the Coinbase app, this is usually found in the "Invite Friends" or "Earn Rewards" section.
3. Generate Your Referral Link: In the referral section, you will find your unique referral link. This link is what you'll share with others to invite them to join Coinbase.
4. Share Your Referral Link: Share your referral link with friends, family, or anyone who might be interested in using Coinbase. You can share it via text message, email, social media, or any other communication platform.
5. Earn Rewards: When someone signs up for Coinbase using your referral link and completes the required actions, both you and the person you referred may earn rewards.
6. Track Your Referrals: Most referral programs offer a way for you to track the status of your referrals. You can typically see how many people have signed up using your link and how much you've earned in rewards.
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What You Earn:
- Rewards vary depending on the referral program in place at the time. However, typical rewards might include:
- Free cryptocurrency: Both you and the person you referred may receive a certain amount of cryptocurrency as a reward. The specific cryptocurrency and amount can vary.
- Fiat currency: Some referral programs offer cash rewards in the form of fiat currency deposited into your Coinbase account.
- Discounts on trading fees: In some cases, you may earn reduced trading fees on Coinbase for a certain period.
- The exact reward structure can change over time, so it's essential to check the terms of the referral program when you participate.
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Bonuses You'll Receive:
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The bonus received by both the referrer and the person referred typically varies depending on the ongoing promotions and the terms set by Coinbase. However, bonuses commonly include:
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1. Free Cryptocurrency: Coinbase may offer a specific cryptocurrency bonus to both parties. This could be a set amount of a particular cryptocurrency deposited into the user's Coinbase account.
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2. Fiat Currency: Instead of cryptocurrency, users might receive a bonus in the form of fiat currency (such as USD, EUR, etc.) deposited into their Coinbase account.
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3. Trading Fee Discounts: Some referral programs may offer reduced trading fees for a certain period as a bonus.
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4. Exclusive Offers: Occasionally, Coinbase might provide exclusive offers or bonuses as part of their referral program, such as access to premium features or services.
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The specific bonus and its value can change over time, so it's essential to check the current terms and conditions of the referral program within the Coinbase app or on their website.